The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that ...

Cartoons and memes of the falling rupee filled X. One graph showed the depreciation of the rupee juxtaposed with Modi’s yoga ...

Stablecoins that are pegged to the US dollar are abundantly available in the market and include Tether and USD Coin ... a rupee-backed stablecoin presents special opportunities for India.